Transcript

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>> Thanks to the cloudless skies above the Atacama desert, Chile is home to 70% of global astronomy investment. Three of the world's next generation of billion dollar telescopes are coming to Chile according to officials and amazon.com is looking upwards too, hoping Chile will use its cloud services to store a galaxy of new digital data.

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Reuters correspondent Cassandra Garrison explains.>> The massive amounts of data that the telescopes are producing represent a big business opportunity for Amazon Web Services' cloud platform. But in addition, Amazon Web Services is also interested to see what it can do with this data and how it can benefit from the same tools and technology that that the Chilean government is working on as well.

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>> It could prove fertile ground for Amazon to develop new AI tools, and at the same time benefit Chile. Were the government is seeking to win its $325 billion economy for more alliance on copper mining. Amazon executives have been holding discussions with the Chilean government for two years about a possible data center to provide infrastructure for local firms and the government to store information on the cloud.

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Amazon web services Jeffrey Kratz has visited Chile for talks with President Sebastian Pinera. Kratz confirmed the company's interest in astro data but said Amazon currently has no announcements to make.